Prerequisite Skills in Business Enterprise Simulation of Accountancy, Business, and Management Students
Ralph Pespeñan | Jayson Cababat | Jonel Garma
Discipline: Education
Abstract:
Entrepreneurship is the capacity for people to identify the kinds of goods and services that are
required and should be provided to the appropriate audience at the appropriate time and at the
appropriate cost. The research aimed to determine the personal mastery level of prerequisite skills in
the business enterprise simulation of Grade 12 Accountancy, Business, and Management (ABM)
students. A descriptive-survey research design engaging in a descriptive approach was utilized in this
study with 110 students responding using Slovin’s formula. This study utilizes a weighted mean in
analyzing the responses gathered. Based on the findings the student’s categorized their personal
mastery level in terms of research skills, strategic skills, marketing skills, operating skills, and
financial skills that as least mastered which clearly implies that the competencies in prerequisite skills
in business enterprise simulation are learned but limited due to unavailability of hands-on
experiences and different learning modalities. The researchers concluded that developing viable
teaching strategies and interventions must be given corresponding attention to enable the student and
equipped them in managing their personal future businesses
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